The Illumina-backed microbial technology producer will list on the Nasdaq Capital Market through the reverse takeover transaction.
Month: May 2021
Rising Stars Q&A – Erning Cao, EVC
Q&A with Erning Cao, investment director, Evonik Venture Capital
Kakao feeds on Radish and Tapas
Kakao has agreed to acquire portfolio companies Tapas, for $510m, and Radish, for $440m, as it looks to strengthen its recently merged entertainment subsidiary.
Plus pursues $3.3bn reverse takeover
The SAIC, Wanxiang, Full Truck Alliance and Quanta Computer-backed autonomous trucking technology developer will list on the Nasdaq Capital Market through the deal.
Ane Logistics announces Hong Kong IPO
The LTL shipping network operator is reportedly targeting $500m in the listing, which would enable corporates Ping An and Yili to exit.
Ethos enriches itself with $200m
Roc Nation and GV both participated in a series D round that increased the digital life insurance platform’s valuation to $2bn.
Benson Hill tends to public listing
The GV, Louis Dreyfus Company and Emart-backed food development platform creator is pursuing a reverse takeover at a $1.35bn valuation.
ESS charges up $1.1bn reverse merger
SoftBank vehicle SB Energy and BASF contributed to a $250m PIPE financing that will support the merger with the Nasdaq-listed Acon S2 Acquisition Corp.
Kin Insurance constructs series C
CSAA-backed digital home insurance provider Kin secured $63.9m to increase its overall funding to about $150m.
Singular Genomics to mingle with public markets
The genetic sequencing technology developer has filed to raise up to $100m, having secured nearly $150m from investors including Legend Capital in the past two years.
Innovusion inputs $64m in series B funding
The autonomous driving technology developer is looking to ramp up production with capital from investors including Nio and Bertelsmann.
Virogin generates $80m in financing
The Sinopharm-backed oncology drug developer has raised series D1 funding in a round led by China Structural Reform Fund Corporation.
Sirclo secures $45m in series B3 round
The e-commerce software provider received funding in a round led by Sinar Mas subsidiary SMDV at a reported $116m valuation.
Daily Deal Round Up: May 10, 2021
Legend Holdings’ Legend Star unit led a round for optical chip producer Turing Quantum sized above $15m while several Japanese companies also raised money.